Welcome home to 5549 Cairns Trail, a meticulously maintained gem in
the heart of the desired Lawton Valley Hunt Community in Clay!
Boasting an impressive 2,400 sq. ft. of living space, this property
is situated on a calm street with well-maintained neighboring
homes. The main level has wood floors with an open floor plan; it
includes a formal living room which could also be used as an office
or playroom. It has a formal dining room, an eat-in kitchen
complete with energy saving stainless-steel appliances, an island
and pantry, a comfortable and spacious great room and a convenient
half bath. The second-floor features four spacious bedrooms and two
full bathrooms, including a private primary suite with its own
ensuite bath and laundry room. The finished basement offers around
500sq ft of heated living space with an egress, a full bathroom, a
music studio, great space for a teenager or an in-law bedroom,
laundry and storage area. The large fenced backyard has a composite
deck with awning and a patio, includes a raised vegetable bed
garden and a storage shed as well as a lot of space for playing or
entertaining. The French drains installed on the east and west side
of the lot provide a dry yard, great for your enjoyment. 2025
updates include a new roof (with transferable warranty), new high
efficiency furnace, air conditioning with smart thermostat and a
new hot water tank.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Refrigerator, Range Hood, Washer
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